RBI-Results of Underwriting Auctions Conducted on October 17, 2013
October, 17th 2013
As announced on October 7, 2013, the Reserve Bank of India has decided to conduct a 14 day term repo variable rate auction for a notified amount of `19,500 crore on October 18, 2013 (Friday). The auction will be conducted as per the operational guidelines issued in this regard on October 8, 2013. Successful bidders will get the allotment at their respective bids. The reversal of the term repo will take place on November 1, 2013 (Friday).